Jin Rong Jie·2025-08-08 10:52Group 1 - Hang Seng Bank repurchased 200,000 shares at an average price of HKD 114.35 per share, totaling approximately HKD 22.87 million, with a cumulative repurchase of 1.2 million shares this year, representing 0.06% of total share capital [1][3] - As of the market close on the same day, Hang Seng Bank's stock price increased by 0.09%, closing at HKD 114.5 per share [2] - Share buybacks are generally viewed as a positive signal from the company, indicating management's belief that the current stock price is undervalued, which can enhance earnings per share and support stock price [3] Group 2 - Hang Seng Bank, established in 1933, is the largest locally registered bank in Hong Kong, providing a wide range of services including commercial banking, wealth management, investment banking, and financial markets [4] - The bank has an extensive branch network in Hong Kong, serving both individual and corporate clients, and offers diverse investment products and professional financial advice [4] - Hang Seng Bank has built a strong reputation in the financial sector, supported by its long-standing financial expertise and robust risk management system [4]